-->

Ad Unit (Iklan) BIG

Home  ›  Uncategorized

IndiaTV Business: Google News Feed: Digest for May 10, 2024

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

Table of Contents

The government today (May 4) lifted the ban on onion exports but imposed a minimum export price (MEP) of USD 550 per tonne. The decision assumes significance as the commodity is politically sensitive and general elections are going on in the country.
With effect from May 2, the free cabin baggage allowance for the 'Comfort' and 'Comfort Plus' categories has been reduced to 15 kg from 20 kg and 25 kg, respectively. The changes have been made in the menu-based pricing model fare families that were introduced by the Tata Group-owned Air India last August, with the airline saying that a one-size-fits-all approach is no longer ideal.
Paytm's parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company, an official statement said on Saturday. As part of a change in leadership structure, fintech firm Paytm has appointed Rakesh Singh as chief executive officer of Paytm Money.
Foreign portfolio investors (FPIs) have again returned as net buyers in the Indian stock market in the month of May. Till May 3 (Friday), they bought equities worth Rs 1,156 crore in India, data from National Securities Depository Limited (NSDL) showed. In April, FPIs turned net sellers in Indian stocks, as the ongoing geopolitical crisis in the Middle East then likely pushed investors to take money off their portfolios.
Billionaire investor Warren Buffett, speaking at Berkshire Hathaway's annual meeting, expressed interest in exploring untapped opportunities in the Indian market. Responding to a query from Rajeev Agarwal of DoorDarshi Advisors about the possibility of Berkshire venturing into India, Buffett acknowledged the potential of the Indian economy as the world's fifth-largest.
Stock markets update: Equity benchmark indices opened higher in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 450 points to 74,081.79. Meanwhile, the Nifty was trading at over 22,550 points. 
In today's trading session, the stock market witnessed mixed movement, with the Sensex closing marginally up and the Nifty slipping. The Sensex, India's benchmark stock index, edged up by 17.39 points, closing at 73,895.54. Despite minor gains, the index managed to maintain its position above the 73,000 mark. On the other hand, the Nifty, representing the broader market sentiment, dipped by 33.15 points, closing at 22,442.70. The decline in the Nifty reflects a slight downturn in market performance.
Stock markets update: Equity benchmark indices opened with minor gains in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 77.76 points to 73,973.30 Meanwhile, the Nifty was also up by 47.10 points to 22,489.80 points.
Stock markets update: Equity benchmark indices opened in red in early trade on Wednesday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 363.09 points to 73,148.76. Meanwhile, the Nifty dropped by 116.9 points to 22,185.60 points.
The Reserve Bank of India (RBI) has proposed stricter regulations regarding loans for under-construction projects. The central bank's draft regulations suggested classifying projects based on their stages and provisioning up to five per cent during construction. Previous project loans had increased pressure on bank balances due to Non-Performing Assets (NPA). Through this, RBI aims to reduce banks' Net Performing Assets (NPA).
Paytm's parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company, an official statement said on Saturday. As part of a change in leadership structure, fintech firm Paytm has appointed Rakesh Singh as chief executive officer of Paytm Money.
Foreign portfolio investors (FPIs) have again returned as net buyers in the Indian stock market in the month of May. Till May 3 (Friday), they bought equities worth Rs 1,156 crore in India, data from National Securities Depository Limited (NSDL) showed. In April, FPIs turned net sellers in Indian stocks, as the ongoing geopolitical crisis in the Middle East then likely pushed investors to take money off their portfolios.
Billionaire investor Warren Buffett, speaking at Berkshire Hathaway's annual meeting, expressed interest in exploring untapped opportunities in the Indian market. Responding to a query from Rajeev Agarwal of DoorDarshi Advisors about the possibility of Berkshire venturing into India, Buffett acknowledged the potential of the Indian economy as the world's fifth-largest.
Stock markets update: Equity benchmark indices opened higher in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 450 points to 74,081.79. Meanwhile, the Nifty was trading at over 22,550 points. 
In today's trading session, the stock market witnessed mixed movement, with the Sensex closing marginally up and the Nifty slipping. The Sensex, India's benchmark stock index, edged up by 17.39 points, closing at 73,895.54. Despite minor gains, the index managed to maintain its position above the 73,000 mark. On the other hand, the Nifty, representing the broader market sentiment, dipped by 33.15 points, closing at 22,442.70. The decline in the Nifty reflects a slight downturn in market performance.
Stock markets update: Equity benchmark indices opened with minor gains in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 77.76 points to 73,973.30 Meanwhile, the Nifty was also up by 47.10 points to 22,489.80 points.
Stock markets update: Equity benchmark indices opened in red in early trade on Wednesday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 363.09 points to 73,148.76. Meanwhile, the Nifty dropped by 116.9 points to 22,185.60 points.
The Reserve Bank of India (RBI) has proposed stricter regulations regarding loans for under-construction projects. The central bank's draft regulations suggested classifying projects based on their stages and provisioning up to five per cent during construction. Previous project loans had increased pressure on bank balances due to Non-Performing Assets (NPA). Through this, RBI aims to reduce banks' Net Performing Assets (NPA).
Stock markets update: Equity benchmark indices opened in the red on the second consecutive day in early trade on Thursday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 251.42 points to 73,214.97. Meanwhile, the Nifty dropped by 68.50 points to 22,231.50 points.
The Supreme Court has affirmed that the interest-free or concessional loans provided by banks to their employees are considered "fringe benefits" and are subject to taxation. A bench of Justices Sanjiv Khanna and Dipankar Datta emphasized that the loan privilege enjoyed by bank staff is distinct and constitutes a "perquisite," contrasting it with "profit in lieu salary," which serves as a form of reward or compensation for past or future services.
Foreign portfolio investors (FPIs) have again returned as net buyers in the Indian stock market in the month of May. Till May 3 (Friday), they bought equities worth Rs 1,156 crore in India, data from National Securities Depository Limited (NSDL) showed. In April, FPIs turned net sellers in Indian stocks, as the ongoing geopolitical crisis in the Middle East then likely pushed investors to take money off their portfolios.
Billionaire investor Warren Buffett, speaking at Berkshire Hathaway's annual meeting, expressed interest in exploring untapped opportunities in the Indian market. Responding to a query from Rajeev Agarwal of DoorDarshi Advisors about the possibility of Berkshire venturing into India, Buffett acknowledged the potential of the Indian economy as the world's fifth-largest.
Stock markets update: Equity benchmark indices opened higher in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 450 points to 74,081.79. Meanwhile, the Nifty was trading at over 22,550 points. 
In today's trading session, the stock market witnessed mixed movement, with the Sensex closing marginally up and the Nifty slipping. The Sensex, India's benchmark stock index, edged up by 17.39 points, closing at 73,895.54. Despite minor gains, the index managed to maintain its position above the 73,000 mark. On the other hand, the Nifty, representing the broader market sentiment, dipped by 33.15 points, closing at 22,442.70. The decline in the Nifty reflects a slight downturn in market performance.
Stock markets update: Equity benchmark indices opened with minor gains in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 77.76 points to 73,973.30 Meanwhile, the Nifty was also up by 47.10 points to 22,489.80 points.
Stock markets update: Equity benchmark indices opened in red in early trade on Wednesday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 363.09 points to 73,148.76. Meanwhile, the Nifty dropped by 116.9 points to 22,185.60 points.
The Reserve Bank of India (RBI) has proposed stricter regulations regarding loans for under-construction projects. The central bank's draft regulations suggested classifying projects based on their stages and provisioning up to five per cent during construction. Previous project loans had increased pressure on bank balances due to Non-Performing Assets (NPA). Through this, RBI aims to reduce banks' Net Performing Assets (NPA).
Stock markets update: Equity benchmark indices opened in the red on the second consecutive day in early trade on Thursday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 251.42 points to 73,214.97. Meanwhile, the Nifty dropped by 68.50 points to 22,231.50 points.
The Supreme Court has affirmed that the interest-free or concessional loans provided by banks to their employees are considered "fringe benefits" and are subject to taxation. A bench of Justices Sanjiv Khanna and Dipankar Datta emphasized that the loan privilege enjoyed by bank staff is distinct and constitutes a "perquisite," contrasting it with "profit in lieu salary," which serves as a form of reward or compensation for past or future services.
The Sensex and the Nifty 50, India's domestic equity benchmark indices, sustained their morning losses, slipping by over 1 percent during Thursday's trading session. Persistent worries surrounding the general elections fueled the market downturn, amplifying concerns among investors. As the weekly Nifty options expiry loomed, scheduled for the day, the headline indices experienced heightened volatility, exacerbating the market turmoil. Uncertainty prevailed, impacting trading sentiment and market dynamics.
Billionaire investor Warren Buffett, speaking at Berkshire Hathaway's annual meeting, expressed interest in exploring untapped opportunities in the Indian market. Responding to a query from Rajeev Agarwal of DoorDarshi Advisors about the possibility of Berkshire venturing into India, Buffett acknowledged the potential of the Indian economy as the world's fifth-largest.
Stock markets update: Equity benchmark indices opened higher in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 450 points to 74,081.79. Meanwhile, the Nifty was trading at over 22,550 points. 
In today's trading session, the stock market witnessed mixed movement, with the Sensex closing marginally up and the Nifty slipping. The Sensex, India's benchmark stock index, edged up by 17.39 points, closing at 73,895.54. Despite minor gains, the index managed to maintain its position above the 73,000 mark. On the other hand, the Nifty, representing the broader market sentiment, dipped by 33.15 points, closing at 22,442.70. The decline in the Nifty reflects a slight downturn in market performance.
Stock markets update: Equity benchmark indices opened with minor gains in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 77.76 points to 73,973.30 Meanwhile, the Nifty was also up by 47.10 points to 22,489.80 points.
Stock markets update: Equity benchmark indices opened in red in early trade on Wednesday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 363.09 points to 73,148.76. Meanwhile, the Nifty dropped by 116.9 points to 22,185.60 points.
The Reserve Bank of India (RBI) has proposed stricter regulations regarding loans for under-construction projects. The central bank's draft regulations suggested classifying projects based on their stages and provisioning up to five per cent during construction. Previous project loans had increased pressure on bank balances due to Non-Performing Assets (NPA). Through this, RBI aims to reduce banks' Net Performing Assets (NPA).
Stock markets update: Equity benchmark indices opened in the red on the second consecutive day in early trade on Thursday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 251.42 points to 73,214.97. Meanwhile, the Nifty dropped by 68.50 points to 22,231.50 points.
The Supreme Court has affirmed that the interest-free or concessional loans provided by banks to their employees are considered "fringe benefits" and are subject to taxation. A bench of Justices Sanjiv Khanna and Dipankar Datta emphasized that the loan privilege enjoyed by bank staff is distinct and constitutes a "perquisite," contrasting it with "profit in lieu salary," which serves as a form of reward or compensation for past or future services.
The Sensex and the Nifty 50, India's domestic equity benchmark indices, sustained their morning losses, slipping by over 1 percent during Thursday's trading session. Persistent worries surrounding the general elections fueled the market downturn, amplifying concerns among investors. As the weekly Nifty options expiry loomed, scheduled for the day, the headline indices experienced heightened volatility, exacerbating the market turmoil. Uncertainty prevailed, impacting trading sentiment and market dynamics.
In a major breakthrough, a section of Air India Express cabin crew withdrew their strike after getting assurance from the airlines on Thursday. The protesting crew members have decided to join back for duty after the airline assured to look into all the issues raised by them, the sources said.
Billionaire investor Warren Buffett, speaking at Berkshire Hathaway's annual meeting, expressed interest in exploring untapped opportunities in the Indian market. Responding to a query from Rajeev Agarwal of DoorDarshi Advisors about the possibility of Berkshire venturing into India, Buffett acknowledged the potential of the Indian economy as the world's fifth-largest.
Stock markets update: Equity benchmark indices opened higher in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 450 points to 74,081.79. Meanwhile, the Nifty was trading at over 22,550 points. 
In today's trading session, the stock market witnessed mixed movement, with the Sensex closing marginally up and the Nifty slipping. The Sensex, India's benchmark stock index, edged up by 17.39 points, closing at 73,895.54. Despite minor gains, the index managed to maintain its position above the 73,000 mark. On the other hand, the Nifty, representing the broader market sentiment, dipped by 33.15 points, closing at 22,442.70. The decline in the Nifty reflects a slight downturn in market performance.
Stock markets update: Equity benchmark indices opened with minor gains in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 77.76 points to 73,973.30 Meanwhile, the Nifty was also up by 47.10 points to 22,489.80 points.
Stock markets update: Equity benchmark indices opened in red in early trade on Wednesday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 363.09 points to 73,148.76. Meanwhile, the Nifty dropped by 116.9 points to 22,185.60 points.
The Reserve Bank of India (RBI) has proposed stricter regulations regarding loans for under-construction projects. The central bank's draft regulations suggested classifying projects based on their stages and provisioning up to five per cent during construction. Previous project loans had increased pressure on bank balances due to Non-Performing Assets (NPA). Through this, RBI aims to reduce banks' Net Performing Assets (NPA).
Stock markets update: Equity benchmark indices opened in the red on the second consecutive day in early trade on Thursday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 251.42 points to 73,214.97. Meanwhile, the Nifty dropped by 68.50 points to 22,231.50 points.
The Supreme Court has affirmed that the interest-free or concessional loans provided by banks to their employees are considered "fringe benefits" and are subject to taxation. A bench of Justices Sanjiv Khanna and Dipankar Datta emphasized that the loan privilege enjoyed by bank staff is distinct and constitutes a "perquisite," contrasting it with "profit in lieu salary," which serves as a form of reward or compensation for past or future services.
The Sensex and the Nifty 50, India's domestic equity benchmark indices, sustained their morning losses, slipping by over 1 percent during Thursday's trading session. Persistent worries surrounding the general elections fueled the market downturn, amplifying concerns among investors. As the weekly Nifty options expiry loomed, scheduled for the day, the headline indices experienced heightened volatility, exacerbating the market turmoil. Uncertainty prevailed, impacting trading sentiment and market dynamics.
In a major breakthrough, a section of Air India Express cabin crew withdrew their strike after getting assurance from the airlines on Thursday. The protesting crew members have decided to join back for duty after the airline assured to look into all the issues raised by them. The airline agreed to withdraw the termination letters issued to 25 cabin crew and the management will review the cases as per service regulations.
Billionaire investor Warren Buffett, speaking at Berkshire Hathaway's annual meeting, expressed interest in exploring untapped opportunities in the Indian market. Responding to a query from Rajeev Agarwal of DoorDarshi Advisors about the possibility of Berkshire venturing into India, Buffett acknowledged the potential of the Indian economy as the world's fifth-largest.
Stock markets update: Equity benchmark indices opened higher in early trade on Monday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 450 points to 74,081.79. Meanwhile, the Nifty was trading at over 22,550 points. 
In today's trading session, the stock market witnessed mixed movement, with the Sensex closing marginally up and the Nifty slipping. The Sensex, India's benchmark stock index, edged up by 17.39 points, closing at 73,895.54. Despite minor gains, the index managed to maintain its position above the 73,000 mark. On the other hand, the Nifty, representing the broader market sentiment, dipped by 33.15 points, closing at 22,442.70. The decline in the Nifty reflects a slight downturn in market performance.
Stock markets update: Equity benchmark indices opened with minor gains in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 77.76 points to 73,973.30 Meanwhile, the Nifty was also up by 47.10 points to 22,489.80 points.
Stock markets update: Equity benchmark indices opened in red in early trade on Wednesday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 363.09 points to 73,148.76. Meanwhile, the Nifty dropped by 116.9 points to 22,185.60 points.
The Reserve Bank of India (RBI) has proposed stricter regulations regarding loans for under-construction projects. The central bank's draft regulations suggested classifying projects based on their stages and provisioning up to five per cent during construction. Previous project loans had increased pressure on bank balances due to Non-Performing Assets (NPA). Through this, RBI aims to reduce banks' Net Performing Assets (NPA).
Stock markets update: Equity benchmark indices opened in the red on the second consecutive day in early trade on Thursday amid weak global cues. In the early trade, the 30-share BSE Sensex declined 251.42 points to 73,214.97. Meanwhile, the Nifty dropped by 68.50 points to 22,231.50 points.
The Supreme Court has affirmed that the interest-free or concessional loans provided by banks to their employees are considered "fringe benefits" and are subject to taxation. A bench of Justices Sanjiv Khanna and Dipankar Datta emphasized that the loan privilege enjoyed by bank staff is distinct and constitutes a "perquisite," contrasting it with "profit in lieu salary," which serves as a form of reward or compensation for past or future services.
The Sensex and the Nifty 50, India's domestic equity benchmark indices, sustained their morning losses, slipping by over 1 percent during Thursday's trading session. Persistent worries surrounding the general elections fueled the market downturn, amplifying concerns among investors. As the weekly Nifty options expiry loomed, scheduled for the day, the headline indices experienced heightened volatility, exacerbating the market turmoil. Uncertainty prevailed, impacting trading sentiment and market dynamics.
In a major breakthrough, a section of Air India Express cabin crew withdrew their strike after getting assurance from the airlines on Thursday. The protesting crew members have decided to join back for duty after the airline assured to look into all the issues raised by them. The airline agreed to withdraw the termination letters issued to 25 cabin crew and the management will review the cases as per service regulations.
You received this email because you set up a subscription at Feedrabbit. This email was sent to you at epaperindia10@gmail.com. Unsubscribe or change your subscription.

Related Posts

There is no other posts in this category.
Subscribe Our Newsletter